WATCH THE VIDEO HERE The All-Share Index concluded the trading session on February 24, 2025, in negative territory, declining by 370.43 points to finish at 108,126.97. This represents a 0.34% decrease from the previous trading day’s level of 108,568.50, amid declines across all FUGAZ stocks. In contrast, market volume experienced an increase, rising by 13% from 315 million to 357 million shares traded. Market capitalization fell to N67.3 trillion from N67.6 trillion, as the index maintained the N67 trillion threshold. In terms of individual stock performance, IKEJAHOTEL and UHOMREIT distinguished themselves with notable gains of 10.00% and 9.97%, respectively. Conversely, NNFM and EUNISELL faced significant declines of 9.99% and 9.96%. Furthermore, JAIZBANK and ZENITHBANK emerged as key contributors to the day’s trading activity, exerting considerable influence on overall turnover. The daily trading volume experienced a significant increase of 13%, rising from 315 million shares the previous day to 357 million shares. In terms of trading value, ZENITHBANK emerged as the frontrunner, facilitating transactions worth N1.3 billion. The FUGAZ group also faced losses, with FBNH dropping by 4.07%, while ACCESSCORP and ZENITHBANK declined by 2.64% and 2.02%, respectively.
All-Share Index sheds N300 billion in market cap; JAIZBANK, ZENITHBANK lead volume as IKEJAHOTEL rallies
